Green Energy Enterprises Inc. (GYOG)

[db_s99]

I expect the CEO to issue PRs explaining what he is doing with shareholder money, not call me individually to discuss his business plans.

When I spoke with Jose at Equititrend on 9/22/09 he said Dean told him then that the O/S would go up to 400M max. This was after the 9/16/09 PR announcing the start of the buyback. Equititrend told Dean then he should not issue a PR announcing a buyback when he intended to keep selling shares. Jose said Equititrend's name is also on the PRs and they have discussed the same concerns with Dean that some on this board have posted.

Just earlier this week when I spoke with Jose he said Equititrend told Dean he needed to issue a PR to bring shareholders up to date on the increased O/S and minimal buyback. He repeated the concern Equititrend has because their name is on the PRs.

Dean has said the O/S was being increased to pay off old Equus debt not listed in the pinksheet filings, he also said the filings are inaccurate (after issuing a PR saying he was filing the quarterly report to be transparent). The quarterly report shows preferred stock from Equus, but does not include the preferred stock he owns through his wholly owned company which will convert to 70% of the O/S at the time of conversion.

No PR or filings to show why Mark Lundquist has departed as Sr. VP, and Lisa Betros, one of the original Equus shareholders from at least 2005, is now Sr. VP.

So QASP's IR firm also believes Dean should explain what is going on. I have been doing my DD on this company, still holding my shares, do not believe in blind trust with any investment.